Welcome to 74 McRae Street in the heart of downtown Okotoks! This rare property offers exceptional flexibility with Downtown District zoning and a fully legal suite above the detached garage. The main home features on main floor, 2 bedrooms and 1 bath with a bright open-concept layout, a functional kitchen, and plenty of natural light throughout. The fully finished basement adds 2 more bedrooms and full bath plus a cozy wood stove to keep you toasty all winter, with potential for a separate entrance allowing for a future suite (subject to approvals). Enjoy the covered rear deck overlooking a spacious yard with room for an RV or extra parking. Above the heated oversized detached garage sits a fully legal secondary suite, complete with its own private entrance, full kitchen, and living area, laundry and a lovely balcony overlooking to the South to enjoy the sunshine year round. Perfect for extended family, guests, or as a reliable mortgage helper, this suite adds exceptional versatility to the property.
The Downtown District zoning offers even more opportunity, giving homeowners the flexibility to live, rent, or operate a small home-based business. Enjoy the walkable lifestyle that comes with being steps away from Okotoks’ vibrant shops, restaurants, and local amenities. This is THE street to be buying on as we are seeing more and more businesses popping up along here!
Data was last updated October 26, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
131
Avg list price:
$650,000
Min list price:
$184,500
Max list price:
$1,580,000
Avg days on market:
24
Min days on market:
1
Max days on market:
325
Avg price per sq.ft.:
$379.17
These statistics are generated based on the current listing's property type
and located in
Okotoks. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.